The stock had a monster run and is retracing, I think its overdone of course, but the market has been a tad concerned about the banks and china. All this stuff is short term imo and the fundamentals remain as solid as ever. I am waiting to see when the buyers step in again and clean this out. The drop has been on small volume and the stock can crack back very quickly. I just read the qrt report and its great. RIV is undertaking some drilling on some of the other leases and it looks promising. They are dealing with early rain, but that hardly means anything in the long run. Buy weak knees and buy when they are quiet imo. Ring me when they hit $10. dyor.
RIV Price at posting:
$7.06 Sentiment: ST Buy Disclosure: Held
